Ukraine: Medical Gel Preparations Market 2024

Medical Gel Preparations Market Size in Ukraine

The Ukrainian medical gel preparations market skyrocketed to $X in 2022, rising by 55% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a perceptible descent. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Medical Gel Preparations Exports

Exports from Ukraine

In 2022, medical gel preparations exports from Ukraine reduced to X tons, waning by -14.3% against 2021 figures. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 926% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then fell in the following year.

In value terms, medical gel preparations exports declined markedly to $X in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 634%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons), Kazakhstan (X tons) and Poland (X tons) were the main destinations of medical gel preparations exports from Ukraine, together comprising 73% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +378.1%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) emerged as the key foreign market for gel preparations for human or veterinary medicine exports from Ukraine, comprising 36% of total exports. The second position in the ranking was taken by Poland ($X), with an 18% share of total exports. It was followed by Kazakhstan, with a 16% share.

From 2012 to 2022, the average annual growth rate of value to France totaled +253.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+44.5% per year) and Kazakhstan (+48.7% per year).

Export Prices by Country

In 2022, the average medical gel preparations export price amounted to $X per ton, declining by -14.1% against the previous year. In general, the export price showed a deep downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by 95% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.

Medical Gel Preparations Imports

Imports into Ukraine

Medical gel preparations imports into Ukraine contracted to X tons in 2022, waning by -9.9% compared with the previous year. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 38%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, medical gel preparations imports soared to $X in 2022. In general, imports, however, saw notable growth. The pace of growth was the most pronounced in 2014 when imports increased by 82%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of medical gel preparations to Ukraine, accounting for a 58% share of total imports. Moreover, medical gel preparations imports from Italy exceeded the figures recorded by the second-largest supplier, Hungary (X tons), twofold. The third position in this ranking was taken by Turkey (X tons), with a 6.6% share.

From 2012 to 2022, the average annual growth rate of volume from Italy stood at -2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (-5.4% per year) and Turkey (+29.9% per year).

In value terms, the largest medical gel preparations suppliers to Ukraine were the United States ($X), Italy ($X) and Turkey ($X), with a combined 77% share of total imports.

Among the main suppliers, Turkey, with a CAGR of +33.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average medical gel preparations import price amounted to $X per ton, increasing by 62% against the previous year. In general, the import price showed a pronounced increase. The growth pace was the most rapid in 2014 an increase of 78%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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